The Dodd-Frank Wall Street Reform Act has permanently altered the Corporate-Shareholder relationship. Is your board cultivating the appropriate culture and attitude for healthy and productive shareholder engagement? How good is your information flow? For the board, knowledge is not merely a source of power; it is the very key to effectiveness.
Corporate culture is a profound driver of any business - it determines the company’s ability to execute its strategic vision. By providing a leading indicator of economic performance in a simple dashboard format, the Corporate Culture Index helps the board and senior leadership understand what the company does well, and where they can do better.
The
provides board
members a valid, independent source of risk intelligence:
A leading indicator of performance at the company-level and
business-unit level
Ensure the right tone at the top for ethics and compliance
Early warning against corruption, fraud, misconduct or unintended
risks
A cost-effective platform to engage with long-term shareholders
Access to internal and outside auditor investigations and status of
corrective and preventive measures
Substantiate the truth-value of public filings, proxy disclosures and
earnings releases to shareholders and the public
Access to a qualified pool of strong, internal candidates for
succession planning
The board can take an active role in working with management to not only ensure the right tone at the top for ethics and compliance, but also to achieve performance goals and objectives aligned with those of long-term shareholders.
